Launching Ceremony for Myanmar Investment Promotion Plan (MIPP) to receive more than US$ 200 billion next 20 years

Launching Ceremony for Myanmar Investment Promotion Plan (MIPP) to receive more than US$ 200 billion next 20 years

Posted on 11 October 2018

The Launching Ceremony for Myanmar Investment Promotion Plan (MIPP) was held at Mandalay Convention Centre (MCC) in Mandalay on 10th October 2018 in order to improve the responsible investment and to receive more than USD 200 billion next 20 years.

          In that ceremony, H.E U Myo Thit, Mandalay regional minister for forestry, natural resources and environmental conservation,  U Aung Naing Oo, Director General of Directorate of Investment and Company Administration (DICA) and Secretary of MIC said that MIPP can more benefit not only government but also local businessmen and also to cooperate the stakeholders for successful plan.

          MIPP was jointly formulated by Myanmar Investment Commission (MIC) and Japan International Cooperation Agency (JICA) to implement the objectives of MIPP by adopting strategies and setting up the Task Force and a total of 200 representatives from JICA, Deutsche Gesellschaftfür Internationale Zusammenarbeit GmbH (GIZ), relevant ministries, DICA and media attended the ceremony.

          At the ceremony, H.E U Myo Thit, Mandalay regional minister for forestry, natural resources and environmental conservation, U Aung Naing Oo, Director General of Directorate of Investment and Company Administration (DICA) and Secretary of MIC and Mr. Mamoru SAKAI, Senior Representative, JICA delivered the opening remarks. Then, U Aung Naing Oo and Mr. Kazuo Mishima, Team Leader, JICA made presentations on the MIPP respectively.